Medscape analyzed responses from 19,328 physicians in more than 29 specialties to determine their insights.
Statistics on physician saving and spending habits:
1. Seven percent of physicians surveyed said they live above their means, while 41 percent said they live below their means and 52 percent said they live at their means.
2. Forty nine percent of physicians said they keep a mental budget of expenses, while 18 percent keep a formal written budget and 34 percent don’t keep a budget at all.
3. Forty eight percent of physicians said they don’t have a savings target, while 52 percent said they do.
More articles on benchmarking:
5 highest volume procedures in ASCs + 10 most common cardiac procedures in ASCs
How ASC acquisitions may change over the next year
10 specialties where 28% or more of physicians report net worth under $500K
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